Former Zillow mortgage originator sues over alleged wages issues
Former mortgage loan originator Andrew Josephson claims that in an effort to cut costs and beat competitors, Zillow failed to adequately pay him and other employees for time worked
by Lillian Dickerson Jun 27
NAR says lower mortgage rates could help boost sluggish sales. When might that happen?
Amid fighting over the federal funds rate, NAR says home sales were 0.7% lower in May than a year ago as inventory rose to a 4.6-month supply
by Taylor Anderson Jun 23
Down payments set shrinking course for 1st time in 2 years
Down payments are declining as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because of economic uncertainty, Redfin said
by Lillian Dickerson Jun 16
Wells Fargo free to grow again after Fed lifts $1.95T asset cap
Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets
by Matt Carter Jun 4
NAR Midyear heads to Washington DC at critical moment for housing
The National Association of Realtors Legislative Meetings begins Saturday with free speech, agent pay and affordability on the agenda. Inman breaks down the panels bound to draw a crowd
by Jim Dalrymple II May 30
Mortgage rules are changing. Here's what agents need to know
Tune in to Inman Access as Rick Guerrero and Matt Carter discuss the mortgage industry's latest moves and what they mean for agents
by Inman May 9
Virginia-based Austin James Realty brings team to Keller Williams
Austin James Realty's team is heading to Keller Williams Coastal Virginia Chesapeake, executives announced Thursday. In 2024, the team inked 117 transactions totaling $36.1M in sales
by Richelle Hammiel Apr 11
Top Freddie Mac, FHFA executives dismissed in latest shakeup
Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave
by Richelle Hammiel Mar 21
Rules on closing costs, PACE loans on CFPB chopping block
In his 1st act as interim Consumer Financial Protection Bureau director, Scott Bessent froze action on all rules and litigation. Here's what that potentially means for the mortgage industry
by Marian McPherson Feb 4
87% of mortgage lead gen comes from referrals and past clients
When it comes to mortgages, Mike DelPrete writes, online lead generation is certainly a piece of the puzzle, but it pales in comparison to the power of referrals and existing relationships
by Mike DelPrete Feb 3
With focus on mortgage business, Zillow launches 'BuyAbility' tool
Zillow releases a new 'BuyAbility' tool it says helps consumers find homes they can actually afford to buy after accounting for more variables
by Taylor Anderson Nov 19
Portals and disruptors are eyeing the future of mortgage markets
The companies that can afford to, including Zillow, are aggressively growing MLO headcount in order to capture future market share, Mike DelPrete writes
by Mike DelPrete Nov 14
Want to build a great team? Start with great core values
Rick Guerrero interviews mortgage leader Gavin Ekstrom about hiring, culture and building a team on a firm foundation
by Rick Guerrero Oct 31
The Agency launches Aclara Lending mortgage brokerage
The national brokerage is making its start in SoCal and has been created through a partnership with mortgage service provider Barrett Financial Group, The Agency has informed Inman
by Lillian Dickerson Sep 30
7 tips for guiding homebuyers through the VA loan process
Are your clients considering a Veterans Affairs home loan? Let Clever Real Estate’s Luke Babich walk you through the most common pain points to help ease the process for your buyers
by Luke Babich Sep 18